$BITCOIN Bitcoin is trading around $84K and remains in a strong recovery phase after recently reaching an 8-month high above $86K. (CoinGecko)
Resistance: $85K–$88K
Support: $80K–$82K
A sustained move above $88K could strengthen the current recovery.
A break below $80K could bring renewed selling pressure. (BeInCrypto)
ETF inflows and institutional demand have been supporting the recent move, while higher Treasury yields remain a risk factor. (wsj.com)
In short: BTC is at an important technical area; the next major move will depend heavily on whether it holds above the $80K–$82K support zone or breaks through the $85K–$88K resistance area.#CircleMints500MUSDCOnSolana #PolymarketBankFailureBetsDrawFDICConcern #BlackRockBuildsTokenizedPortfoliosForOndo #BitwiseFilesToListNEARETFOnNYSEArca #BitcoinDunyamiz
Resistance: $85K–$88K
Support: $80K–$82K
A sustained move above $88K could strengthen the current recovery.
A break below $80K could bring renewed selling pressure. (BeInCrypto)
ETF inflows and institutional demand have been supporting the recent move, while higher Treasury yields remain a risk factor. (wsj.com)
In short: BTC is at an important technical area; the next major move will depend heavily on whether it holds above the $80K–$82K support zone or breaks through the $85K–$88K resistance area.#CircleMints500MUSDCOnSolana #PolymarketBankFailureBetsDrawFDICConcern #BlackRockBuildsTokenizedPortfoliosForOndo #BitwiseFilesToListNEARETFOnNYSEArca #BitcoinDunyamiz
